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trading strategy using ICTS and MT4

  • #1
  • First Post: Jun 16, 2009 9:42am Jun 16, 2009 9:42am
Can I use the same program on both platforms? And will I have to write a new for the MT5?

Help please!!!
  • #2
  • Jun 16, 2009 10:29am Jun 16, 2009 10:29am
Quoting mike999
Can I use the same program on both platforms? And will I have to write a new for the MT5?

Help please!!!
My impression is that MT5 is going to be totally different when it comes to order management. i.e. you cant have multiple BUY or SELL orders at the same time, they will get combined into a single BUY or single SELL order, which will screw up allot of EA's that use grid trading etc.
  • #3
  • Jun 16, 2009 1:55pm Jun 16, 2009 1:55pm
Quoting tradepro
My impression is that MT5 is going to be totally different when it comes to order management. i.e. you cant have multiple BUY or SELL orders at the same time, they will get combined into a single BUY or single SELL order, which will screw up allot of EA's that use grid trading etc.
Will that be the case even for brokers that are not in the US?
  • #4
  • Jun 16, 2009 1:58pm Jun 16, 2009 1:58pm
Quoting mike999
Will that be the case even for brokers that are not in the US?
Its all explained here. My guess is that the order management changes are to help brokers, who, afterall, suppliment MT4/MT5 interface.

http://forum.mql4.com/22700
  • #5
  • Jun 16, 2009 2:08pm Jun 16, 2009 2:08pm
Quoting tradepro
Its all explained here. My guess is that the order management changes are to help brokers, who, afterall, suppliment MT4/MT5 interface.

http://forum.mql4.com/22700
That did not help at all.
  • #6
  • Jun 16, 2009 3:03pm Jun 16, 2009 3:03pm
Quoting mike999
That did not help at all.
Expert Advisors and Inidcators will at the very least need to be recompiled. In some cases, parts or all the code (extreme) will need to be rewritten.
  • #7
  • Jun 16, 2009 3:59pm Jun 16, 2009 3:59pm
and will this be the last MT version? Why cant they just update the platform without fully changing it. There is a saying, if it aint broken...DONT FIX IT!
  • #8
  • Last Post: Jun 16, 2009 4:10pm Jun 16, 2009 4:10pm
Quoting mike999
and will this be the last MT version? Why cant they just update the platform without fully changing it. There is a saying, if it aint broken...DONT FIX IT!
I believe Boston Tehnologies are now involved in MT5 and they get paid by the brokers, so i guess there will be many more versions so they can get their investment back. But, what do i know.

As i stated, the majority of the changes/additions are to help the brokers, not the trader.
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